Short sales are increasing as a percentage of home sales in many states, helping some neighborhoods and homeowners avoid the more devastating impacts of foreclosures.
via usatoday.com
The fact that short sales are on the rise is a good indicator that the banks are finally getting on board for a better solution all the way around. One of the biggest positives is that it reduces the amount of vacant and possibly vandalized homes on the market, which will help stabilize neighborhoods.
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